Russian Aircraft Carrier Ready In 2012 If India Pays $2 Bln More

From RIA Novosti:

SEVERODVINSK, November 13 (RIA Novosti) - The Admiral Gorshkov aircraft carrier could be handed over to the Indian Navy in 2012 if Delhi provides sufficient funding for the project, the director of a Russian shipyard said on Thursday.

"Construction of the ship will be completed in 2010 and tests will start in 2011, while in 2012 it will be transferred to the Indian Navy," Sevmash chief Nikolai Kalistratov said, stressing that it would only be handed over if Delhi provided sufficient funding to complete the construction.

Another shipyard executive said the market dictated that India should pay a further $2 billion.

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